Page 190 - CA Final PARAM Digital Book.

Auditor s Responsibilities

Shall determine whether the Comparative Information as included in
the FST are:
1.As per Applicable FRF and
2.Whether such information is appropriately classified

For this purpose, the auditor shall evaluate whether:

The comparative information agrees with The accounting policies reflected in the
the amounts and other disclosures comparative information are consistent with
presented in the prior period FST and those applied in the current period.
In case of any change whether such change
have been
1.Properly accounted and
2.Adequately presented and disclosed.

In case misstament is detected

In case any misstament is detected in comparative
information while conducting C.Y audit the auditor In case Prior Period Audit is also Conducted by
should check whether such Misstament : the auditor -follow req of SA-560 on
1.Also Exists in C.Y also or subsequent event
2.Affects C.Y Audit
• If the Auditor had audited the Prior Period’s Financial Statements, he shall also follow the
relevant requirements of SA 560 on the effect of Subsequent Events

➢ Written Representations:
The Auditor shall
• Request Written Representations for all periods referred to in the opinion.
• Obtain a specific Written Representation regarding any Prior Period Item that is separately
disclosed in the current year’s Statement of Profit and Loss.
• In case of comparative financial statements
Written Representations are requested for all periods referred to in the Auditor's
Opinion because Management needs to reaffirm that the Written Representations it
previously made with respect to the prior period remain appropriate.

In case intro para or opinion para
refers both I.e C.Y & P.Y

Request written Obtain a specific written
representations for all representation regarding
periods referred any prior period item that
is separately disclosed in
the C.Y FST

• In case of corresponding figures
Written Representations are requested for the Financial Statements of the current
period only, because the Auditors Opinion IS on those Financial Statements, which
include the Corresponding Figures.

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